Introduction


Neurotron +Setfile EA V1.30 is a powerful Expert Advisor designed specifically for the MetaTrader 4 platform. By combining the proven “London Coup” trading system with advanced neural network algorithms, this EA offers precision pattern recognition and low-spread scalping tailored for the London session. Whether you’re new to automated trading or an experienced pro, Neurotron EA promises dynamic market adaptation, aiming to capture consistent pip gains on GBPUSD and EURCHF.


What Is Neurotron EA?


At its core, Neurotron EA merges two distinct approaches: the time-tested London Coup indicator suite and a self-learning neural network. The London Coup system relies on a combination of volatility filters, momentum oscillators, and price action signals to identify high-probability intraday moves during Europe’s market hours. Layered on top, the neural network continuously analyzes real-time data—volume spikes, spread variations, and candlestick patterns—to fine-tune entries and exits. This dual framework seeks to reduce false signals common in purely rule-based EAs, while adapting to evolving market regimes.


Neurotron EA V1.30 MT4


Core Technology: London Coup Meets Neural Networks



  • London Coup Indicators



  1. Volatility Filter: Targets breakouts after low-volatility consolidations.

  2. Momentum Oscillator: Confirms trend strength on M15 bars.

  3. Price Action Zones: Identifies key support and resistance pivot levels.



  • Neural Network Module



  1. Data Ingestion: Continuously processes bid/ask volumes, tick frequency, and spread dynamics.

  2. Adaptive Learning: Retrains on new market data to detect subtle shifts in currency behavior.

  3. Signal Refinement: Filters raw indicator triggers to reduce whipsaws and late entries.


By overlaying neural-derived confidence scores on traditional indicator signals, Neurotron EA strives to only trade when the probability edge is maximized.


Key Features



  • Neural-Enhanced Scalping: Executes micro-scalps with tight stops and adaptive profit targets.

  • Low-Spread Optimization: Automatically avoids trading during spread spikes.

  • Customizable Setfile: Pre-configured settings for GBPUSD and EURCHF, stored in an easy-to-load .set file.

  • Trailing Stop Logic: Dynamically adjusts stop-loss levels as profits accrue.

  • Risk Controls: Max drawdown guard and maximum trades per day limit.

  • One-Click On/Off Toggle: Quickly disable trading when you need manual control.


Supported Currency Pairs & Timeframe



  • Currency Pairs: GBPUSD and EURCHF only—pairs selected for their strong London session liquidity and correlation characteristics.

  • Timeframe: Strictly M15 (15-minute charts) to balance signal frequency with noise reduction.


These choices reflect a strategic focus on two pairs that often exhibit reliable breakouts and retracements during the London trading window.


Trading Hours: London Session Focus


Neurotron EA is engineered to trade exclusively during the London session (08:00–17:00 GMT+1). By confining operations to peak liquidity hours, the EA:



  • Reduces slippage and spread costs.

  • Targets the most volatile period for GBPUSD and EURCHF.

  • Avoids false signals during overnight thin-market conditions.


Setfile Configuration


The included It Neurotron_Setfile_V1.30.set is tailored for optimal live-account performance:



  • RiskPerTrade: 1.0%

  • MaxDailyDrawdown: 5%

  • MaxTradesPerDay: 3

  • NeuralThreshold: 0.75 (0–1 scale)

  • TrailingStart: 15 pips

  • TrailingStep: 5 pips


To load the setfile:



  1. Download and save it into your MT4 \MQL4\Presets\ folder.

  2. In the EA’s Inputs tab, click “Load” and select Neurotron_Setfile_V1.30.set.

  3. Apply the EA to your GBPUSD or EURCHF M15 chart.


Neurotron EA V1.30 MT4


Performance & Backtesting


Extensive backtests on a demo account over the past two years (2023–2024) yielded:



  • Total Net Profit: +1,250 pips on GBPUSD, +980 pips on EURCHF

  • Max Drawdown: 3.8% (aligned with setfile)

  • Profit Factor: 1.78

  • Win Rate: 64% of trades closed in profit


Forward-testing on a live micro account has shown similar metrics, though real-time data variability means performance may differ slightly. Always forward-test on demo before deploying to a funded account.


Risk Management


Neurotron EA includes built-in safeguards to protect your capital:



  • Daily Stop-Out: Halts trading after reaching the max-drawdown threshold.

  • Lot Sizing: Fixed percentage risk per trade to ensure consistency.

  • Spread Filter: Skips signals when spread > 2 pips (GBPUSD) or > 3 pips (EURCHF).


It’s recommended to run the EA on a low-leverage account (max 1:50) and avoid news-impact events by using a news-filter plugin.


How to Install & Use



  1. Copy Files: Place Neurotron+Setfile EA V1.30.ex4 into \MQL4\Experts\.

  2. Load Chart: Open GBPUSD or EURCHF M15 in MT4.

  3. Attach EA: Drag the EA onto the chart.

  4. Inputs: Load the provided setfile, adjust RiskPerTrade if desired.

  5. AutoTrading: Ensure “AutoTrading” is enabled in MT4’s main toolbar.

  6. Monitor: Review the EA’s journal tab for trade rationale and alerts.


Conclusion & Call to Action


Neurotron +Setfile EA V1.30 for MT4 brings together the robust London Coup system and cutting-edge neural network learning to deliver precision scalping on two of the most liquid currency pairs. With its customizable setfile, built-in risk controls, and proven backtest results, it’s a compelling choice for traders seeking automated solutions tailored to London session dynamics.


Ready to take your scalping to the next level? Download the Neurotron EA V1.30 setfile today, test it on demo, and experience the power of AI-enhanced trading.


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Happy Trading